G7 summit results in aid for Ukraine and discussion of Middle East ceasefire (includes video story)

President Joe Biden and Ukrainian President Volodymyr Zelenskyy signed a 10-year bilateral security agreement Thursday at the Group of Seven summit in southern Italy that includes a multibillion-dollar loan to help Kyiv fight against Russia’s invasion. However, its future depends on the outcome of the U.S. presidential election, since former President Donald Trump could pull out of the pact if he defeats Biden in November.

Biden and other world leaders also reached a deal to give Ukraine a $50 billion loan this year and freeze Russian assets until Moscow pays reparations for its invasion.

“Another reminder to Putin: We’re not backing down,” said Biden. “In fact, we’re standing together against this illegal aggression.”

During the summit, President Biden also urged fellow leaders to support ceasefire negotiations between Hamas and Israel and encourage the militant group to accept a proposal backed by Israel.

William Ayure is a Miami native and is now a college senior majoring in Digital Broadcasting. He currently works at Telemundo Studios as a Production Assistant and plans to grow in the company upon graduation. He has an interest in sports reporting and film.